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<ReportingInfo version="1.0">
	<fromDate>2025-01-01</fromDate>
	<toDate>2025-12-31</toDate>
	<createDate>2026-03-25</createDate>
	<personName>Ритейл Мениджмънт АД</personName>
	<persontype>Емитент на облигации</persontype>
	<eik>200282199</eik>
	<represents>Мила Крумова Вълчева</represents>
	<representsType>самостоятелно</representsType>
	<addressMain>Р.България, гр. София , ул. Горица 6</addressMain>
	<addressCorrespondence>Р.България, гр. София , ул. Горица 6</addressCorrespondence>
	<telephone>+359889805915</telephone>
	<email>office@retailmanagement.bg</email>
	<website>https://retailmanagement.bg/</website>
	<media>https://www.x3news.com/</media>
	<creator>Елена Драганова</creator>
	<position>Управител на Ел Финанс ЕООД</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment/>
					<intangibleAssets/>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>18000</subsidiaries>
							<associatedEnterprises>2311</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>6</others>
					</finAssets>
					<tradeReceivables/>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>45016</receivablesAffiliatedCompanies>
						<receivablesGrantedCommercialLoans>8196</receivablesGrantedCommercialLoans>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>8570</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>16</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>4886</registeredContributedCapital>
						<ordinaryShares>4886</ordinaryShares>
					</capitalStock>
					<reserves>
						<premReserves>15375</premReserves>
						<targetReserve/>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>2938</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>505</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>3432</receivedLoansBanksNonBanks>
						<commercialLoans>12966</commercialLoans>
						<bondLoans>22500</bondLoans>
					</commercialOtherObligations>
					<deferredTaxLiabilities>55</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>1714</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>2687</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>10548</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>9</obligationsSuppliersCustomers>
							<advancesReceived>4500</advancesReceived>
							<dutiesStaff>0</dutiesStaff>
						</currentObligations>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment/>
					<intangibleAssets/>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>18000</subsidiaries>
							<associatedEnterprises>2311</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>4</others>
					</finAssets>
					<tradeReceivables/>
					<deferredTaxAssets>1</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>39208</receivablesAffiliatedCompanies>
						<receivablesGrantedCommercialLoans>13920</receivablesGrantedCommercialLoans>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>9851</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>8</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>4886</registeredContributedCapital>
						<ordinaryShares>4886</ordinaryShares>
					</capitalStock>
					<reserves>
						<premReserves>15375</premReserves>
						<targetReserve/>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>969</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>1969</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>5146</receivedLoansBanksNonBanks>
						<commercialLoans>20336</commercialLoans>
						<bondLoans>25000</bondLoans>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>1714</liabilitiesLoansBankNonBank>
						<currentObligations>
							<obligationsRelatedEnterprises>111</obligationsRelatedEnterprises>
							<obligationsReceivedCommercialLoans>3293</obligationsReceivedCommercialLoans>
							<advancesReceived>4500</advancesReceived>
							<dutiesStaff>4</dutiesStaff>
						</currentObligations>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>116</costsForExternalServices>
						<remunerationExpenses>40</remunerationExpenses>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1813</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>587</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>14</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>56</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales/>
					<financialIncome>
						<interestIncome>2476</interestIncome>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>655</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>1</costOfMaterials>
						<costsForExternalServices>211</costsForExternalServices>
						<remunerationExpenses>22</remunerationExpenses>
						<others>17</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1176</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>140</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>17</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-1</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales/>
					<financialIncome>
						<interestIncome>1322</interestIncome>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>2230</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<paymentsToSuppliers>-90</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-44</paymentsRelatedToRemuneration>
				<otherReceiptsPaymentsFromOperationalActivity>-3</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<loansGranted>-14292</loansGranted>
				<reimbursedGrantedLoans>4011</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>175</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-125</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>1438</proceedsFromSaleOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>10586</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>2045</proceedsFromLoans>
				<loansPaid>-2324</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1355</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-14</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>8</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>0</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<paymentsToSuppliers>-292</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-4</paymentsRelatedToRemuneration>
				<otherReceiptsPaymentsFromOperationalActivity>-3</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfInvestments>-41168</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>31367</proceedsFromSaleOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>-1369</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromIssuingSecurities>40530</proceedsFromIssuingSecurities>
				<proceedsFromLoans>5979</proceedsFromLoans>
				<loansPaid>-34178</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1071</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>214</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>3</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd/>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>